Which of the Following Is an Example of a Factoring

question 165

Multiple Choice

Which of the following is an example of a factoring agreement?

• A) Selling an individual account receivable to a bank
• B) Selling financial securities that are collateralized by accounts receivable
• C) Pledging an single large account receivable to a bank
• D) Assigning a group of accounts receivable as collateral for a loan

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Definitions:

Public Demand

The total desire or need by the general public or specific market segments for particular goods or services.

Wants and Needs

The distinctions between the desires for non-essential items (wants) and the basic requirements necessary for survival or basic well-being (needs).

Social Audits

A formal evaluation of an organization's social, ethical, and environmental performance.

Business Surveys

Research tools used to collect data and insights from businesses on various economic, marketing, or industry-specific topics.